Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by Howe & Rusling Inc.

Howe & Rusling Inc. lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 162.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,621 shares of the company’s stock after purchasing an additional 34,425 shares during the quarter. Howe & Rusling Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,775,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 5.5% in the 4th quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after purchasing an additional 5,461,346 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after buying an additional 903,850 shares during the last quarter. Morgan Stanley increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.4% during the 4th quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after buying an additional 2,173,235 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 10.8% during the 4th quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock valued at $1,237,835,000 after buying an additional 2,396,916 shares during the period. Finally, Wealthfront Advisers LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 8.5% during the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after buying an additional 1,889,400 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.53 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18. The business’s 50 day moving average price is $50.27 and its 200 day moving average price is $50.36.

About Vanguard Tax-Exempt Bond ETF

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.